VA Tech Wabag Q2 FY27 Results: Order Book Surpasses ₹20,000 Crore
VA Tech Wabag reported its Q2 FY27 results, crossing ₹20,000 crore in order book for the first time. Revenue for H1 FY27 rose 20.3% to ₹18,870 million, with PAT up 29.3% to ₹1,947 million. The company secured "Mega" orders in Kuwait and from RIL, and maintained positive net cash exceeding ₹1,100 crore.
The announcement highlights a record order book crossing ₹20,000 crore, significant new 'Mega' project wins in key markets like Kuwait and India, and strong financial performance, all of which are material positive developments for the company's future prospects.
The company achieved record order book size, strong revenue growth, and improved profitability, along with securing significant new orders in international and domestic markets, indicating positive business momentum.
VA Tech Wabag Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company achieved a significant milestone by crossing ₹20,000 crore in its order book for the first time. This was complemented by robust top-line growth and strong profit momentum.
In the first half of FY27, WABAG secured two landmark "Mega" orders: a "Mega" SWRO project marking its entry into Kuwait, and a "Mega" deal with RIL for one of the largest desalination plants in India at Jamnagar. The company also noted its entry into the UAE through Ajman and expansion in Europe with Donauinsel Water Works, alongside key municipal orders from BWSSB and DJB.
Strong margins and improved working capital management contributed to WABAG's 15th consecutive quarter of positive net cash, which exceeded ₹1,100 crore (excluding HAM projects). The company's order book now stands at more than four times its annual revenue, with a healthy bid pipeline positioning it well for future growth. Management highlighted that rising water security needs and the push for treated water reuse and desalination are strong tailwinds for the sector. WABAG plans to remain selective, focusing on securing more large and mega, technology-led projects.
The company reported revenue of ₹18,870 million for H1 FY27, a 20.3% increase year-on-year, and EBITDA of ₹2,608 million, up 20.7%. Profit After Tax (PAT) stood at ₹1,947 million, a 29.3% rise. For Q2 FY27, revenue was ₹10,002 million (up 19.9% YoY), EBITDA was ₹1,446 million (up 20.0% YoY), and PAT was ₹1,046 million (up 23.3% YoY). The company's Net Cash position was ₹11,442 million (excluding HAM projects).
What to do with a filing like this
VA Tech Wabag Limited filed this with the NSE as a statutory disclosure, categorised under other results related. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by VA Tech Wabag Limited. Read the original for the full detail.